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Active
863 Norwich New London Turnpike Montville, CT 06382
2,400 SqFt
UPDATED:
12/11/2024 06:58 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 2,400 sqft
MLS Listing ID 24037418
Year Built 1970
Property Description
USE RESTRICTIONS: **GAS AND CONVENIENCE STORE** Take advantage of this unique opportunity to own or lease a versatile 2,400 SF freestanding building, formerly a Cumberland Farms gas station and convenience store. Priced at $699,000 for purchase or available for a ten-year triple net lease with a 3% annual increase, the property offers flexible options including renewal terms, lease-to-own, and consideration for shorter lease durations. Located in a prime area with high visibility and accessibility, the site benefits from proximity to highways, shopping centers, and restaurants, with an impressive daily traffic count of approximately 7,700 cars. While gas station and convenience store operations are restricted, the property is permitted for a wide range of uses, such as a BAKERY, BANK, COMMISSARY, SMALL-FORMAT DRUG STORE, MEDICAL or PROFESSIONAL OFFICE, RESTAURANT, QSR, RETAIL STORE, SMOKE SHOP, or DELI. Special permit uses include AUTOMOTIVE SALE and REPAIR, and BREWPUB.
Location
State CT
County New London
Zoning C-1
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Telephone, Cable
Roof Type Asphalt Shingle,Flat
Building
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Islam Ahmad • Regency Real Estate, LLC